In a significant development within the fintech sector, MoonPay, a prominent global crypto payments network, has partnered with KOSDAQ-listed Sungho Electronics and Pantos Holdings to secure a landmark investment in Finger, a pioneer of Korea’s fintech landscape. This collaboration, valued at approximately KRW 110 billion (around $76 million), aims to establish a stablecoin ecosystem for the Korean won, integrating MoonPay’s extensive crypto payment infrastructure with Finger’s domestic financial software capabilities.
Finger, founded in 2000, has become a cornerstone of mobile banking in South Korea. Its technology supports millions of users daily across major financial institutions, including Shinhan Bank, KB Kookmin Bank, KakaoBank, NongHyup Bank, and IBK Industrial Bank. The company’s flagship platform, “Full Banking,” offers a comprehensive suite of services such as account inquiries, transfers, payments, asset management, and more. In 2025, Finger reported substantial financial performance with annual revenues reaching KRW 91.6 billion and an operating profit of KRW 1.4 billion.
The investment deal will not only position Seoryong Electronics, the controlling shareholder of Sungho Electronics, as the largest stakeholder in Finger but will also enhance the integration between MoonPay’s stablecoin issuance and Finger’s existing financial software infrastructure. An important aspect of this partnership is the alignment of Finger’s cloud ERP solution, “Pharos,” with MoonPay’s payment rails, paving the way for stablecoin-based settlements in corporate trade payments.
In comments regarding the investment, Lee Bugeon, Founding Executive and Head of Asia at MoonPay, emphasized the significance of this agreement. “This investment opens the way to combine MoonPay’s stablecoin issuance and orchestration infrastructure with Finger’s domestic financial software network. It marks an important foothold for building the full infrastructure needed to support a Korean won stablecoin ecosystem, from issuance to real-world usage,” he stated.
Park Sung-jae, CEO of Sungho Electronics, expressed his commitment to enhancing digital financial services for corporations by linking ERP-based financial accounting data with payment infrastructure, reinforcing the strategic vision behind the investment.
MoonPay, established in 2019, has rapidly expanded its influence in the global financial technology landscape, boasting a customer base of over 30 million across 180 countries. The platform facilitates value transfers between fiat and digital assets while adhering to a broad range of regulatory standards. With its operational footprint that includes New York’s BitLicense and licenses in the EU, MoonPay is well-positioned to bridge the gap between traditional payment systems and the crypto economy.
As this partnership unfolds, it promises to reshape the financial landscape in South Korea, fostering innovation and enhancing access to digital financial services throughout the region.
